Justine Irish Tabile

The Philippines' NG outstanding debt hit a fresh high of P18.16 trillion as of end-February bworldonline.com/top-stories/20… by @jdtabile via @bworldph

“The war in Middle East weighed on the performance of the Philippines manufacturing sector, March PMI data showed,” Maryam Baluch, economist at S&P Global Market Intelligence, said bworldonline.com/top-stories/20… by @jdtabile via @bworldph

The Bureau of Treasury said that it will release the April 2026 national tax allotments to local government units and barangays on April 6. @bworldph

The two cars were seized in 2024 due to the absence of proper importation documents. They were initially offered for public auction in Nov. 2024, with five unsuccessful bidding attempts before being successfully disposed of through a negotiated sale. @bworldph

The Bureau of Customs said that it generated P205.02 million from the completion of the negotiated sale of a 2017 blue Bugatti Chiron and a 2019 red Bugatti Chiron. @bworldph

Asian Development Bank Country Director for the Philippines Andrew Jeffries commits to back the country's digital ambition. @bworldph

@bworldph Meanwhile, the agency also facilitated the arrival of M/T Sara Sky, which delivered 100,402.776 US barrels of crude consigned to Petron Corp. @bworldph

In a statement on Friday, the BoC said that it facilitated the arrival of the government‑procured 9 million liters of diesel shipment consigned to the Philippine National Oil Company (PNOC). @bworldph

The Bureau of Customs (BoC) said it has fast-tracked the processing of two major fuel shipments in San Fernando, La Union and Limay, Bataan. @bworldph

@bworldph "These two financing supports sharpen our focus on two critical fronts: improving urban mobility and unlocking the potential of regional economies,” said Finance Secretary Frederick D. Go in a statement.

Signed on Friday, the financing agreements cover the fourth tranche of the funding for the Metro Manila Subway Project Phase 1 and as well as the funding for the engineering services for the Central Mindanao High Standard Highway Construction Project. @bworldph

The Department of Finance (DoF) said that it has secured over P80 billion from the Japan International Cooperation Agency to finance key infrastructure projects. @bworldph

PwC Philippines Chair Roderick M. Danao said that the only way for the Philippines to attract more investments is by building sustainable digital and physical infrastructure. @bworldph

LOOK: Status of the North-South Commuter Railway's (NSCR) West Valenzuela station and Malanday depot as of March 25. These are part of the NSCR Contract Package 01. @bworldph

The Asian Development Bank (ADB) launched on Tuesday a financial support package to help Asia-Pacific's developing countries mitigate the economic and financial impacts resulting from the conflict in the Middle East. @bworldph

Raymond A. Abrea, founding chairman and chief executive officer of the Asian Consulting Group, said that the suspension of excise tax on fuel should be the government's last resort in addressing the rising prices of oil. @bworldph

Cid L. Terosa, an associate professor at the UA&P School of Economics, said that the industries that are likely to raise prices the most if fuel, electricity, and transport costs rise are food products, food and beverage services, retail trade, and air transport. @bworldph

JUST IN: The Department of Budget and Management (DBM) said that it has released P8.08 billion to fund priority projects in over 800 barangays under the Local Government Support Fund-Support to the Barangay Development Program. @bworldph

"The DBM does not arbitrarily delay the release of funds, nor does it create policies outside the law," it said. "All budget releases are governed strictly by the 2026 General Appropriations Act (GAA)—a law passed by Congress itself and approved by the President," it added.

JUST IN: The Department of Budget and Management (DBM) denies allegations that it delayed the release of funds for public works projects. @bworldph